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You purchase 300 shares of DKA stock for $23.50 per share just before the market...

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Finance

  1. You purchase 300 shares of DKA stock for $23.50 per share just before the market closes on Tuesday, October 12. The ex-dividend date is October 13. The quarterly dividend is $0.90 per share. Ignore taxes. Just after the market opens on the morning of October 13, your total wealth, all else equal, will be:

    A.

    $6,780
    B.

    $6,970
    C.

    $7,050
    D.

    $7,320

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